Mexico's Pension Funds Spike in 2009
Following the recovery in financial markets, Mexico’s pension fund companies more than doubled to a record net profit in 2009.
News
Ontario Teachers’ Closes Acorn Acquisition
The acquisition is the first European buyout by Teachers’ Private Capital, the Canadian pension fund’s direct investment arm, since it opened a London office in 2007.
Poll: Global Pension Plans Seek Active Equity Management
Top concerns among pension plan sponsors are funding status, risk management, and volatility.
Study: Wilshire TUCS Plans Bounce Back From Dismal 2008
At 19.02% year-to-date return, foundations and endowments outperformed other asset owners in the Wilshire TUCS.
Study: From 2000 to 2008, Climate-Change Funding More Than Doubles
In 2008, funders granted more than $850 million in climate-change grants.
Blackstone Raises $9 Billion So Far for New Fund
The New York buyout firm is expected to finish fundraising for its sixth global buyout fund at the end of June.
Bank of America Faces Another SEC Suit
A U.S. market regulator hits BofA with a lawsuit for failing to
disclose extraordinary losses at Merrill before the acquisition deal in
2008.
Survey: Portfolio Liquidity a Top 2010 Priority
Nonprofit investment committees aim to address liquidity needs this year, according to a new poll.
After Record Loss, Harvard Names A New Chief Risk Officer
The richest and oldest US school names a new risk head of its endowment-management company.
Blankfein to FCIC: Asset Owners Are Professionals Who Wanted Mortgage Exposure
During
the first day of testimony before the FCIC, bank bosses were both apologetic
and defensive, at one point claiming that institutional investors who dealt
with them were professionals and should be responsible for their actions.
With Charges of Bribery and Corruption, CalPERS to Increase Transparency
Middlemen got $125 million from private investment funds for arranging deals with CalPERS.
SWFs Raise the Bar: From Passive Shareholders to Active Investors
SWFs are urged to take more active roles in the companies in which they invest.
Size Does Matter: CalPERS Invests in Infrastructure Projects
The biggest US public pension fund plans on bringing infrastructure investments up to 1.5% of its total market value by the end of 2010.
Shares Plunge 81% as Japan Airlines Forges Ahead With Restructuring
The
struggling Japanese carrier faces bankruptcy with benefits cut and new CEO.
Financial Crisis Committee Begins Hearings; Blankfein Takes the Train
The FCIC, established to investigate the financial crisis and make recommendations to Congress, begins its hearing in Washington today.